According to the official announcement, Thumzup Media Corporation (NASDAQ: TZUP), a social media branding and programmatic marketing solutions company, announced that it has purchased 9.783 bitcoins for around $1 million, with an average price of $102,220 each. The Coinbase Prime platform acts as custodian, providing a self-custodial wallet service for Thumzup's BTC. The company's management is requesting board authorization to hold up to 90% of its current assets in bitcoin for ongoing bitcoin purchases as part of its fiscal asset strategy announced on November 15, 2024, the announcement said. Thumzup expects to begin paying gig-economy workers in BTC in the coming weeks and comply with all applicable laws and regulations.